Reg: PF and EDLI admin charges ceiling amount.. CiteHR
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sreeche Started The Discussion:

as i checked in our portal(www.citehr.com) most of them given that the base ceiling for pf ( including admin charges and EDLI charges) was 6500/-.... my problem was with my pf agent he says that i need to calculate the Employer administrative charges @ 1.10% and EDLI admin charges @ 0.05% would be on complete basic .....

I too checked with EPFO web portal they didn't mentioned about any ceiling for admin charges.... plz guide me on this am in confusion.... what i need to take.

thanks for reply....

Akhil.Gupta -  Member Since: May 2007
Admin charges will calculate on lesser total wages mean ( Which ever is less between total wages for PF and Total Wages for Pension)

shyamalkishoremisra -  Member Since: Jul 2007
Emplpyer admin charges on PF is 1.1% of basic wages including DA and cash allowance if any or RS6500 which ever is lower
Again Admin charges of EDLI is 0.01% of BAsic including DA and cash allowance if any or RS6500 which ever is lower


Shyamal
9311002446

suyoglabourconsultants -  Member Since: Feb 2010
SREECHE,
Plz. note that Adm. charges for PF should be on the salary on what contribution of PF of employee has been deducted.
2. Edli @0.5% should be on the salary keeping at the ceiling i.e.6500/- as well adm.chrges for Edli @0.01% also on the same.
For instance ur salary is Rs.10000/- then it will work out like this:
1 A/c. 1. 1200+659=1859
2. 2. = 110
3 10 = 541(on ceiling i.e.on 6500/-)
4. 21 = 33(on ceiling i.e.on 6500/-)
5. 22 = 2(this is minimum limit or on ceiling i.e.on 6500/-)
So, go as per above analogy which is as per rule.
Regards,
KIRAN KALE

abbasiti -  Member Since: May 2010
Dear Kiran Kale,

EDLI contribution is on central pooling basis. So calculate 0.5% & .01% on consolidated salary (subject to individual ceiling of Rs. 6500) of applicable employees and round to nearest rupee.

Abbas.P.S

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